Square rolls out new payment features

Square rolls out new payment features

 

Square rolls out new payment features. First, mobile payments service Square made it easier for merchants to accept credit cards anytime, anywhere, with just a smartphone and a tiny, plastic credit-card reader. Now, the startup led by Twitter co-founder Jack Dorsey hopes to show them they can abandon cash registers, too.

Square already has a smartphone app that allows people to pay for items by swiping their credit card through a tiny reader that plugs into the headphone jack of a phone or iPad. Customers can sign their name on the device's touch screen, and then have a digital receipt sent to them via email or text message. About 500,000 merchants have these credit-card readers, which Square has given away for free since 2009. In return, the company takes a 2.75 percent transaction fee on sales. On Monday, Square announced new software, Square Register, to do more. The new app takes over many of the sales features that most stores use cash registers for. It lets merchants keep tabs on inventory and change prices. A menu option allows restaurants to post food options and special deals that customers can see on their smartphones, using a companion app called Square Card Case.
Card Case is available for download after paying with Square at one of a number of merchants hand-picked by Square to participate. It acts as a digital wallet and directory and stores digital receipts for everything you've purchased over Square. For merchants, it serves as a replacement for physical rewards cards some merchants give customers to thank them for repeat visits. The app also has a directory listing local Square-accepting businesses that let users buy items on their phones when they're close to a participating shop. Card Case users can also pay at stores that are using the Register app by saying their name to the sales clerk.
So far, Card Case only includes 50 hand-picked cafes, salons, flower shops, restaurants and other retailers in New York, St. Louis, Los Angeles, San Francisco and Washington. The company plans to gradually add others.
Source:yahoo

Harold Camping and his 'doomsday' prediction

Harold Camping and his 'doomsday' prediction

The founder of Family Radio in Oakland - heard in 48 different languages around the globe - is behind the worldwide, multimillion dollar campaign letting people know that judgment day is coming on May 21, 2011.

That's right, Saturday.

89-year-old Harold Camping says that his 50-year study of the Bible is behind the claim.

So what's the end of the world look like?

"There's going to be a big earthquake that will make the one in Japan seem like a Sunday School picnic," Camping told KPIX's Mike Sugerman.


This isn't Camping's first prediction of the end. Back in 1994, Camping warned that doomsday would strike.

When nothing happened, he pronounced it an error in his math, but this time he says it'll be different.

"This day, May 21, 2011, is extremely important, as it will also be the first day of judgement, a time of horrible death and destruction, for all those left behind," Camping said.

There will be a five-month period for non-believers to get on board, he continued, because the real end of the world is set for October 21, 2011.
Source:cbsnews